Project Sub Urban
Spoiled for shopping and life style choices: Investing in MoorabbinMoorabbin is a smaller suburb in Melbourne’s south-east, sharing borders with Bentleigh & Bentleigh East, Heatherton, Highett and Hampton East. While sometimes associated with Moorabbin Airport or Moorabbin DFO, neither of these is actually in the suburb – both are about fifteen minutes further on. The St Kilda Football Club call Moorabbin home for training and administration.
Moorabbin is well serviced by public transport. Moorabbin Station runs regular services to the city, around a thirty-minute trip. Moorabbin’s retail sector includes Woolworths, specialty shops and a number of cafés and restaurants. The Moorabbin Homemaker Centre also has a number of large retail shops and Westfield Southland is only five minutes down the road, so Moorabbin residents are spoiled for shopping.
With a number of schools, Moorabbin is family friendly. There are two public primary schools and a number of private schools just a short distance away. The Bayside Special Development School provides individual programs for children with special needs. A campus of the Holmesglen Institute of TAFE provides vocational education and training.
With regard to life-style, Moorabbin has a variety of parks, providing spaces to walk or attend to fitness requirements. Bricker Reserve is home to Moorabbin Obedience Dog Club and this is a popular weekend activity. Moorabbin is only a short drive from beaches at Brighton, Hampton and Sandringham.
The median price for a 2-bedroom unit is a little over $600,000*, making Moorabbin a great place for a solid investment. The average age of the population is between 20 and 39, a group consisting of those who are beginning to build a family and those with young families, meaning a high rental demand and diversity of tenant.
With its family-friendly lifestyle and access to the city and beach, Moorabbin could be the place for your next investment.
Learn more about Moorabbin and other Melbourne property investment opportunities by Contact Accrue Real Estate today.
*realestate.com.au, data from June 18, 2018.
Image attribution: By StAnselm [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
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